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SMEDAN

6 Apr
Mr Charles Odii, Director-General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has expressed the Federal Government’s readiness to remove obstacles hindering the growth of Small and Medium Enterprises (SMEs).
13 Feb
In a groundbreaking initiative to empower Nano, Micro, Small and Medium Enterprises (NMSMEs) in Enugu State, the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Enugu State Government have joined forces to launch
26 Jan
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has secured a ₦1 billion matching fund from the Katsina State Government to boost small businesses in the state.
19 Dec
Chairman of the Economic and Financial Crimes Commission, (EFCC) Ola Olukoyede, has declared that the era of freezing on individual and company accounts is over. Olukoyede made the declaration on Monday, during a chat with the Director-General, Small and Medium Enterprise Development Agency of Nigeria, (SMEDAN) Charles Odii in Abuja. The EFCC boss told Odii,…
19 Dec
Small and Medium Enterprise Development Agency of Nigeria, (SMEDAN) on Monday revealed that the country has lost over three million businesses to insecurity, fraud, global competitiveness, and lack of ease of doing business. SMEDAN Director-General, Charles Odii, disclosed this in Abuja during a courtesy visit to the Chairman of the Economic and Financial Crimes Commission,…
4 Dec
The federal government has approved the disbursement of N150 billion grants and loans to small business owners across Nigeria.
24 Nov
A series of unfavourable factors are contributing to the stunted growth experienced by the manufacturing sector. Specifically, FX scarcity, naira depreciation, high-interest rates and cost of raw materials, multiple taxations from state and non-state actors...
8 Oct 2023
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), under the leadership of the Federal Government, has conducted training and empowerment programmes for selected women-owned farmers’ cooperative societies in Oyo State. The News Agency of Nigeria(NAN) reports that the primary objective of this initiative is to enhance the productivity and export potential of these farmers…
6 Oct 2023
Development Research and Projects Centre (dRPC) and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) are in partnership to encourage the Federal Government to prioritise the implementation of a national policy on women's economic empowerment for sustained development.
29 Aug 2023
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has revealed that small scale businesses in the country may continue to grapple for breath due to lack of credit facilities.
MSMEs and access to finance
27 Jul 2023
With a financing access gap of over 99 per cent, Nigeria’s micro, small and medium-scale enterprises (MSMEs) are, perhaps, the least funded globally.
6 Jul 2023
AS resources continue to shrink by the day, the Federal Government has opened the door of partnership with stakeholders to provide the needed support for the survival of over 39.6 million micro, small and medium enterprises (MSMEs) spread across the country.

Latest

5 mins ago
Despite the exodus of university teachers and attendant shortage of manpower in public universities nationwide, the non-retention policy of the Federal Government has caused over 5,032 first-class graduates to languish in the job market and far away from the tertiary institutions that erstwhile retained them.
7 mins ago
As the whereabouts of former Kogi State governor, Yahaya Bello, remain unknown a week after he was declared wanted by the Economic and Financial Crimes Commission (EFCC) and placed on a watch-list by the Nigeria Immigration Service (NIS)
13 mins ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
19 mins ago
As Nigeria joins the rest of the world to mark the 2024 World Malaria Day, the progress in national malaria control is being threatened by the continued rising cost of anti-malaria drugs, which have gone beyond the reach of many Nigerians.
22 mins ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
22 mins ago
Ahead of May Day next week, workers are demanding a country that works for all and not just for some privileged few.
22 mins ago
The NPFL has fined Kwara United N6 million for allegedly thwarting the live broadcast of their week 31 game against Akwa United.
23 mins ago
To achieve the global malaria targets 2030, the World Health Organisation (WHO) Global Malaria Programme has launched a new operational strategy that will change the trajectory of malaria trends.
23 mins ago
President Bola Tinubu and President of the Senate, Godswill Akpabio, have promised to give fresh direction to the justice sector in the country through a holistic overhaul.
24 mins ago
Governor Babagana Zulum of Borno State has urged the Army to establish military formations in Sambisa Forest and the Mandara Hills, bordering Cameroon and Chad in the North East, to counter terrorism in the areas.